JAMES C. HILL, Circuit Judge:
This antitrust case, which alleges a concerted refusal to deal in violation of section 1 of the Sherman Act, 15 U.S.C. § 1, arises from an unusual factual situation involving thoroughbred horse racing tracks in Florida. This appeal raises a single issue that has continually confronted federal courts: whether to apply a per se illegal standard or a rule of reason standard in evaluating an alleged combination in restraint of...
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